Articles tagged “Tata Group”

Tata’s Indian Hotels Company to Invest $600 Million in Buying New Properties

Tata’s Indian Hotels Company to Invest $600 Million in Buying New Properties

P R Sanjai, Bloomberg

New fully operational hotels will be purchased in partnership with Singapore wealth fund GIC Pte., with deals announced through the end of 2022.

1 month ago

India’s Tata Enters Airport Business With a Stake in GMR

India’s Tata Enters Airport Business With a Stake in GMR

Anurag Kotoky, Bloomberg

Tata, which owns two local airlines, among others, marks its entry into the airports business by buying a firm that operates Delhi International, India's biggest airport, among others.

3 months ago

Jet Airways’ Near-Collapse Could Be a Tough Election Issue for India’s Prime Minister

Jet Airways’ Near-Collapse Could Be a Tough Election Issue for India’s Prime Minister

Vrishti Beniwal and Anurag Kotoky, Bloomberg

India's economic policies have made airfares way more affordable, which hasn't helped the struggling Jet Airways. If the prime minister doesn't figure out a rescue plan for the airline, it could be a vexing issue in an upcoming election.

5 months ago

Jet Airways Is Fighting a Price War That Unnerves Potential Investors

Jet Airways Is Fighting a Price War That Unnerves Potential Investors

David Fickling, Bloomberg

If you assume that state-backed Air India lasts forever, then it may not be lucrative for Tata Group, India's giant conglomerate, to invest in privately-owned competitor Jet Airways. But the following analysis may be too sanguine about Air India's fate.

7 months ago

Tata Looks at Buying India’s Jet Airways

Tata Looks at Buying India’s Jet Airways

Bhuma Shrivastava and Anto Antony, Bloomberg

No profits in nine of the last 11 years is certainly a recipe for change. It looks like Jet Airways may get that soon — with a new owner.

7 months ago